Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
If y'all haven't read these already
$EGOC -- HUAAOTOU, very interesting information from 08/11/21--imo EGOC SH who ride out the storms of today will be very very well rewarded in near future $$$ pic.twitter.com/9XuLvwOrLF
— M_M7 (@bluegrass_otc) September 9, 2021
$EGOC -- HUAAOTOU part 2, for you DD'ers what is Filecoin? First I have read about it...glta longs pic.twitter.com/tCHDfBJN9I
— M_M7 (@bluegrass_otc) September 9, 2021
Wondering if sell off was due to buying restrictions on TDAmeritrade etc.
There were 89,654 shares traded in about 15 minutes. Shares are hard to get I'm still waiting to complete my order. It's sort of a short squeeze; on a small scale like Game stop. But it tells me some things. If you watch the level 2 action, there have been a lot of mirrored trades: 50,000 followed immediately by another 50,000 etc.That indicates mm's selling to each other or just shorting. Buying lower, raising the ask selling, or, the inverse. Also, since it has taken so long to fill the order shares are just not available to us - the retail buyer, nor to the mm's. Just like everyone else here, I do my thing; there is a madness to my methods, but not everyone will agree with me since they have their own agenda. I slapped the ask with my order, and so far the price has stayed up. Not sure if I answered your post or not.
I couldn't agree more SC, a sleeping giant. So many positives to come.
Good luck to you too.
Thanks, it's taking some time for them to find shares. I think there's about 82,000 left to fill.
No, ask was at .0195 when I placed the order, first part of order went through at .01875, then .0195, then bid went to .0195 and ask to .0199. I could keep slapping the ask, but with this low volume I'm letting it sit to see what the MM's are going to do. I think they won't want to drop it, the price will remain here, we'll close up for the day, and my order won't all get filled.
So I put in an order for a 260k shares at the ask, partial fill and now it is just sitting there. Seems like shares are all dried up...
some pics from the 100 city event
https://twitter.com/bluegrass_otc/status/1420738108501504007/photo/1
I hope so too StarlingChaser, I thought after Overstock got cellar boxed into bankruptcy that limits would be placed on mm's like Ascm, Cdel, etc. It really seems to have gotten worse though. All the small trades today suggest to me that they're walking it down again.
Only invest what you're comfortable losing. Sure we don't want to lose any, but this a very rigged game
TD Ameritrade and I believe Schwab won't allow buying of none current stocks in the OTC after that date. Only selling.
I sure can't tell you how to invest, what I can say is: I've been trading on-line for over 20 years. I've seen a lot of scams and EGOC seems to be legit, to me, anyway. I don't see signs of dilution, there is a company Pangbo, that reverse merged into EGOC. Pangbo has stated that they have big plans for the company. This is in a culture that places a lot of value on completing what you say you'll do. So, failure is not an option. Really the only thing we can do is watch and wait. But, $2500 is a lot of money, watching and waiting takes a lot of mental fortitude, and you still might lose your money. Me, I like it, you'll have to see what your comfortable with. Good luck, I hope you and all of us have the best of luck here.
This is from another board, I hope all y'all like it...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165143610
Thanks for clarifying. I hope all your EGOC dreams come true.
You may be right. A LOL would have helped.
Seems a bit harsh. I see your profile was created earlier this year, if you bought then you're up what 4 or 5 times your investment? He's happy with this stock and wants it go up. I appreciate,and applaud his enthusiasm, positivity,and input. If he makes you question your investment then maybe this isn't the stock for you. jmo
Interesting thought...I don't think Pang Bo could buy it, as a foreign entity. The company (EGOC) could, but might have to announce that information. Not sure if the individuals(board members) could or not, on behalf of the company. So I guess it is just due to all the buzz: being on the Hot Board, having multiple green days, Most Read Board etc. JMO
Shorted close to 80% the last couple of days, so really, if everyone puts in a sell order for $10 a share, good for as long as you can make it the market makers won't be able to cover, there will be a short squeeze and the price won't be artificially dragged down by the mm's borrowing our shares and selling them cheap. Just make sure it $10.00 and not $.1000 lol.
According to
https://www.otcshortreport.com/company/EGOC
Date Close High Low Volume Short Volume% of VolShorted
Jul 20 NA NA NA 9,176,062 7,500,673 81.74
Jul 19 NA NA NA 16,472,919 12,544,284 76.15
Zaph, congratulations on your picks. I've been doing this a long time. I trade my way, and don't let other people influence me a whole lot. I will say that I sure do like the way martymech behaves, really seems sincere. People like that, you should listen to.
Yeah, but they still do it. BTW I set a sell order at $10 so that locks up 11 million shares.
Been seeing a lot of odd lot trades, and very small trades, makes me think MM's don't know what to do. I imagine they'll try to keep it down with small trades at the bid. Someone mentioned all the shorting happening in the OTC, I'd love to see them get squeezed. IMHO
This 30,000 share trade. It's just another way the market makers can manipulate stock price...form T trades, like this one, were designed to help ensure all trades went through the day of the trade, which wasn't always easy to do pre-electronic trading. Now, the mm's can use them to hide trades and prices to keep us, the retail investors, from reacting to actual events as they occur. Not saying that's what happened here, but...I hope that made sense.
Bought some more this morning. I like where this stock is heading.
Thank you.
My guess is we won’t hear much until after the July 29th conference in China. After that should be awesome. IMHO
You're welcome.
If this was previously posted I apologize.
https://microcapdaily.com/custodianship-spac-the-rise-of-energy-1-corp-otcmkts-egoc/132140/
Awesome!
We, retail investors can’t. Market makers can and do. It is part of how they make money as well as how the buying and selling of stocks works.
Figured anyone new here might like to read this, it is a couple of months old
https://www.reddit.com/r/pennystocks/comments/ky75x8/egoc_reverse_merger_potential_big_upcoming_winner/
GLTA
Yes, especially once anyone reads all the background information. As of May 10 there are 16109 shares in the float. 511 share holders. And a nice clean shell...this could be huge!
Yeah, you’re right...curious.
ETRF working to keep it down
I bought today. Was that a mistake?
I agree. It seems to be legit. The PRs are quite interesting when looked at together...replace the ceo and then announcing a big move in a new direction. If is was a scam then replacing him wouldn’t have been needed. IMHO
No worries, this is a micro cap, and it may or may not be a scam. Most are scams and the smart play is to not get sucked in too far, for too much. I’ve made and lost a lot of money on pinkies. I’ve owned DKSC for quite a while and have seen it go up and down. It seems to be legit and I hope it is because that will be good for all of us. Good luck to you.
Ok. You have a good point.